The Sunday Times Rich list has always been a fascinating read for me at UK Land Agent, knowing who’s got the most money and how they made it. What‘s interested me most this year are those who’ve made the majority of their money from land and property.
From looking though the list I’ve discovered that out of the top 30 richest in the world just over 26% have made their fortunes from land or property. This percentage is higher than I’d predicted and it might well surprise a few people especially because of the recent recession. Others in the list have made their money from steel, mining, oil and pharmaceuticals plus the internet.
A couple of weeks ago I shared a short list of land owners who have benefited from the reported increase in land values and the list below is another example of how many of the uber rich have become so by investing in land and property.
From The Times Rich List 2010
3rd – The Duke of Westminster £6,750m – up 250m
5th – David and Simon Reuben £5,532m – up £3.032bn (made fortune from both property and the internet)
12th – Joseph Lau – £3,825m – New Entry
19th – Earl Cadogan and family – £2,300m up £300m
21st – Eddie and Sol Zakay – £1,900m up £400m
22nd – Sir David and Sir Frederick Barclay – £1,800 up £800m (made fortune from property and media)
26th – Mark Pears and family – £1,600 up £100m
27th – Ian and Richard Livingstone – £1,550 up £150m